Market snapshot

Suburb insights for Watsonia3087

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Watsonia is located 16 km north-east of the CBD. Located in the outer north-east of metropolitan Melbourne Watsonia is primarily a residential suburb. There is a small commercial area focused around the railway station. The suburb also features a number of parks such as the Gabonia Ave A.K. Line Aminya and Elder Street Reserves and the Diamond Village Shopping Centre. Like a number of suburbs in this part of Melbourne the population has decreased and aged significantly over the 1981-1996 period.

Recent sales and auction results in Watsonia

AddressBedroomsPriceTypeMethodSale DateAgentListing
9A Eden Av, Watsonia3PriceUnitAuction Sale22/06/2024Jellis Craig

Sales data

Median sale price
$978k
Quarterly price change
10.5%
Metro Melbourne Comparison
$929k
2%
BedroomsWatsoniaMetro comparison
2-$920,000
3$895,000$810,000
4-$965,000
InsightWatsoniaMetro comparison
Clearance rate91.7%75.3%
Days on market4140

Rental data

Median weekly rent
$500
Rental yield
2.9%
Metro Melbourne Comparison
$550
3.1%
BedroomsWatsoniaMetro comparison
2-$550
3$513$520
4-$575
Median data for the current quarter

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